: :inin Kyiv (EET)

Apple Reopens Online Store In Russia With Massive Price Increases On iPhone 6 (AAPL)


Apple has reopened its online store in Russia, after closing it last week due to instability in the ruble. But Russian consumers logging onto the reopened store have discovered that the price of the iPhone has shot up during the downtime. Computer World reports that the 16GB iPhone 6 now costs 53,990 rubles (around $991). Before the store shut, it was priced at 39,900 rubles (around $574). That’s a price increase of around 35%. Apple suspended online sales in Russia on Tuesday as the ruble plummeted in value against the dollar. If Apple had continued trading without adjusting …read more

Source: Business Insider

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